| Accelerated Write-Off of New Equipment Purchases Extended
Code Section 179 expensing limits for new asset purchases remains at $250,000 and the phase-out threshold remains at $800,000. In addition, the fifty percent first year bonus depreciation, on the cost of new equipment purchased, continues through 2009. These changes are scheduled to expire at the end of 2009, when the expense limit reverts back to $128,000, the phase-out threshold decreases to $510,000, and bonus depreciation expires.
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